Ask Question
15 September, 23:17

Why is it important to a lending institution that a person present a 2 year job history when applying for a home loan?

+3
Answers (2)
  1. 15 September, 23:35
    0
    Because when the company that is lending the money to the person who is applying for a loan, they see that that person has had a steady income. Once they see that, they now know that they can be paid back by a portion of his income every month
  2. 16 September, 01:20
    0
    So that they will be able to get employed and will be able to npay the loan off
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why is it important to a lending institution that a person present a 2 year job history when applying for a home loan? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers